About the Meeting Between Alexander Lukashenko and Chinese Minister of Finance Jin Renqing

16 July 2007

On July 16, the President of the Republic of Belarus, Alexander Lukashenko, met with the Minister of Finance of the People’s Republic of China, Jin Renqing.

Mutual trust between Belarus and China at a political level is essentially important for the bilateral interaction in trade, business, and other fields, the Belarusian leader said.

The President of Belarus underscored that the relations between both nations had been steadily and purposefully developing throughout all the period after they had established diplomatic relations: “Today, a good foundation has been built for the relations in trade, economy, and other sectors. We have no problems in our cooperation.”

The Head of State thanked China and personally the Chinese Minister of Finance for the assistance provided for Belarus.

“Our today’s model of socio-economic development is very much similar to the model currently pursued by China,” Alexander Lukashenko said. “We have been closely studying the experience of China and have taken due account of it in implementing some projects,” he added.

According to the Belarusian leader, Belarus and China are co-operating actively in the credit and investment sector. “Belarus is thankful for the financial resources provided by China for the projects that are paying back. We are putting a high value on it and will always be grateful for it,” Alexander Lukashenko said.

The President highlighted the fact that Belarusian-Chinese trade turnover, being driven by intensified bilateral interaction, had surpassed the mark of $1 billion. Quite recently, he continued, the goal was to raise the trade to $500 million. But Belarus and China joined efforts and managed to double this figure and to reach much more within a shorter period.

The two countries have set up a Belarusian-Chinese intergovernmental commission for trade and economic co-operation that is working quite actively. In January 2007 in Beijing the commission gathered for its eighth meeting, during which the experts touched upon an array of economic issues and mapped out avenues for intensifying co-operation.

Alexander Lukashenko gave assurances that Belarus would remain “ committed to the policy that had been agreed upon during the mutual visits.” In his words, those agreements “will be held sacred by Belarus.”

For his part, China’s Finance Minister strongly commended the level of economic development achieved by Belarus. The high Chinese guest appreciated the effectiveness of the meetings he had with the senior officials of the Ministry of Finance of Belarus and of the Brest regional executive committee.

The Minister of Finance conveyed to Alexander Lukashenko best wishes from the President of the People’s Republic of China, Hu Jintao.

According to the Chinese guest, Belarus, which he is visiting for the first time, has produced an unforgettable impression on him. “Your country, as I’ve seen it, is a beautiful garden,” Jin Renqing said.

Ministry of Foreign Affairs of the Republic of Belarus